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Arkansas Business CNBC: Walmart Teams with Microsoft in Bid for. TikTokd by Arkansas Business Staff Thursday Ag.27, 2020 10:47 am2 m (Walmart Inc.) Walmart Inc. of Bentonville confirmed Thursday that it's teaming up with Microsoft Corp. of Seattle in a bid for social media phenom TikTok, CNBC reports.. In a statement to the financial news network, the retailer called TikTok's integration of e- commerce and. advertising "a clear benefit to creators and users in those markets.'. "we believe a potential relationship with TikTok Us in partnership with Microsoft could add this key. functionality and provide Walmart with an important way for us to reach and serve omnichannel customers as well as grow our third-party marketplace and advertising businesses," the company said, according to. CNBc. "we are confident that a Walmart and Microsoft partnership would meet both the expectations of US TikTok users while satisfying the concerns of Us government regulators." CNBC, citing unnamed sources, said TikTok is selling its U.S., Canadian, Australian and New Zealand. Arkansas Business will update this story..